Freddie Mac funded $1285 billion of multifamily loans during the first quarter, up 30% from the $10 billion it funded a year ago, but 55% less than the $29 billion it funded during last year’s fourth quarter The agency typically acquires...
Commercial Real Estate Direct Staff Report The second annual Trepp Connect conference got underway earlier today in Manhattan’s Rockefeller Center, with more than 200 attendees After opening remarks by Annemarie DiCola, chief executive of...
The volume of CMBS loans that are classified as being delinquent declined in April by $815 million, or 178%, to $4502 billion Delinquency volumes have gyrated over the past 12 months, climbing in six months and declining in another...
Commercial Real Estate Direct Staff Report The venture between Estein USA and Vanderbilt Office Properties that purchased the Pinnacle Tower in Dallas paid $1633 million, or $29741/sf, for the 549,076-square-foot office building It funded its...
Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to Cushman &...
Prime Finance, an alternative lender that also invests in the most subordinate classes of CMBS conduit deals, is on track to fund more than $4 billion of loans this year...
Apartment rents in San Francisco averaged $2,737/unit in the first quarter, up 3% from the same time last year, according to Kidder Mathews The vacancy rate throughout the city has declined year over year to 47% from 53%...
Multi-Housing News Valor Residential Group has lined up $462 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, NC KeyBank Real Estate Capital provided the bridge loan Valor, of...
Yield Pro Providence Real Estate has lined up $6024 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla Walker & Dunlop arranged the floating-rate loan against the property, which was built in...
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